Gas prices, nationally, are averaging at $3.54 per gallon with diesel fuel at $3.96.
For U.S. motorists, this means the national average price of a gallon gasoline and diesel, which are sitting at $3.54 and $3.96 respectively, could rise another "20 to 30 cents on each," according to Liptow. This would push prices to around $3.85 per gallon for gasoline and $4.25 for diesel, Liptow projected.
"On our sanctions package, we specifically designed to allow energy payments to continue. We are closely monitoring energy supplies for any disruption. We've been coordinating with major oil producing and consuming countries toward our common interest to secure global energy supplies," Biden explained.
IRAN COULD SUPPLY AN 'INITIAL 1.3 MILLION BARRELS A DAY' TO GLOBAL MARKET IF NUCLEAR DEAL REACHED, EXPERT SAYS
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